Republic Journal

Economics of pandemics – Fiscal policy

The COVID-19 pandemic can be described as a twin crisis: a global health emergency and a global economic collapse. This unusual characteristic of the crisis, a mixture between epidemiology and economics, makes the problem a challenging one.

Is a financially literate population key to Guyana’s success?

With the World Bank projecting GDP growth of more than 20% this year, it's easy to get excited about Guyana's future. However, the prospect of a rising tide lifting all boats does not always follow.

Leadership and Climate Change

With the recently concluded UN Climate Conference (COP26) in Glasgow and the 1st Annual Caribbean ESG and Climate Financing Summit (which took place virtually) earlier in November, there has been a much-needed rejuvenation in the discussion on Climate Change and an almost commensurate increase in the calls for more action from the world’s leaders, across various disciplines and industries, and their people.

All Eyes on Central Banks

To combat the widespread economic dislocations caused by the COVID-19 pandemic, most countries rolled out extraordinary fiscal and monetary policy measures, starting as early as February 2020. Regarding the monetary policy, many central banks reduced their policy rates to record low levels and where practicable, adopted aggressive asset purchasing programmes (bond purchases).

When will the Caribbean region rebound from the pandemic?

The war against the pandemic is far from over for the Caribbean region. In these challenging times, the pandemic has revealed many frailties in the region, but as we live through COVID-19, we are constantly learning to adapt and evolve.

Leadership Through the Half Full Looking Glass

With October almost a memory and all the Christmas trimmings on the horizon, we are approaching that time when people’s spirits and expectations usually begin welling in anticipation of the end of the year – the festivities, the expressions of gratitude, and, of course, the revelry.

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